662 Balsam Crescent, Oshawa, ON

$650,000
MLS#:E13218522
5 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 27.72 x 110 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Opportunity knocks in Lakeview, Oshawa. This 4-bedroom detached home is a true fixer-upper with endless potential for renovators, investors, or buyers looking to create their dream home in a highly sought-after lakeside community. This home offers a solid footprint and a functional layout ready for transformation. With four well-sized bedrooms, there's plenty of space for a growing family or home offices. Located just minutes from Lake Ontario, waterfront trails, parks, schools, and convenient access to transit and Highway 401, this Lakeview location continues to see strong demand and revitalization. Whether you're planning a full renovation, a flip, or a long-term hold, this is a chance to invest in one of Oshawa's most desirable neighbourhoods. Bring your vision and unlock the potential. Photos are virtually staged.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size27.72 × 110 Feet
CountyDurham
Annual Tax$4,543
Legal DescriptionPt Lt 30 Pl 970 Oshawa Pt 17, 40R1171; Oshawa

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Lake/Pond, Library, Public Transit, Rec./Commun.Centre, School

Interior Features

None

Security Features

Community Features

Location

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662 Balsam Crescent, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 662 Balsam Crescent, Oshawa, ON L1J 6A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.

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Interest Rate5.25%
Down Payment$40,000 (6.2%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period25 Years
Estimated Monthly Payment$3,635Based on a loan of $610,000 over 25 years.
Purchase Price$650,000
Loan Amount$610,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Oshawa, ON

For a property listed at $650,000 in Oshawa, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,475.

Nearby Listings

Distance:

No current listings found in Oshawa.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lakeview, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$647,572

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

Dr C F Cannon
Public1196 Cedar Street, Oshawa, Ontario, L1J 3S2
3.6
Glen Street
Public929 Glen Street, Oshawa, Ontario, L1J 3T9
1.2
Monsignor Philip Coffey
Public1324 Oxford Street, Oshawa, Ontario, L1J 3W6
3.8
Bobby Orr
Public7 Waterloo Street, Oshawa, Ontario, L1H 8V9
4.6
Lakewoods
Public323 Chaleur Avenue, Oshawa, Ontario, L1J 1G5
3.9

Secondary Schools

G L Roberts
Public399 Chaleur Avenue, Oshawa, Ontario, L1J 1G5
3.8
Monsignor John Pereyma
Public316 Conant Street, Oshawa, Ontario, L1H 3S6
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.